Communities of Color ‘Thank You!’ celebration - March 28, 2023
NEWS & UPDATES
Panel Addresses Banking Issues Among People of Color
Worcester Magazine | March 28, 2018
Two dominant issues emerged from a forum on banking practices among communities of color Wednesday night: the lack of bank branches in Worcester’s poorer neighborhoods and home foreclosures.
More than a dozen residents spoke to the large panel consisting of elected officials and representatives of major area banks and credit unions.
Bankers Get an Earful in Worcester on Serving Minority Communities
Telegram & Gazette Staff | March 28, 2018
Edna Austell said she tried to work with five different banks to get a modification on her loan while her home went through foreclosure. But every time she sent in paperwork, the banks would say that something was missing and reject her application.
From Boston to Worcester, Underserved Residents Share Frustrations
Banker & Tradesman | Apr 8, 2018
There are vast differences between the local economy of Greater Boston and that of Central Massachusetts. But for those who struggle to engage with the banking system, the issues remain largely the same.
Massachusetts FIs Have Best CRA Showing Since 2014, Boost Likely Attributed to the Economy
Banker & Tradesman | Jan 28, 2018
Banks and credit unions in Massachusetts are coming off their best Community Reinvestment Act performance since 2014, according to a review by Banker & Tradesman of monthly activity reports posted by the Massachusetts Division of Banks.
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